5250 E DEER VALLEY Drive 342, Phoenix, AZ 85054, Phoenix, 85054 - 2 bed, 3 bath
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Phoenix, AZ 85054
This Ultra-Luxury New Construction Condominium is listed at $1,454,000, representing a premium tier within the Desert Ridge market relative to its $1,304,699 Fair Market Value. Boasting a Pristine 2024 Condition Rating, the residence features high-end Quartz Countertops, a floor-to-ceiling fireplace, and Golf Course and Mountain Views. The Oversized Patio with Built-in BBQ and end-unit privacy define this resort-style sanctuary. Located near high-end shopping and dining, this move-in-ready home is an ideal match for Luxury Home Seekers or Seasonal Residents prioritizing quality and lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5250 E DEER VALLEY Drive 342 Subject | $1,454,000* List Price | 2 | 3 | 1,705 | $765 | - |
A 5250 E DEER VALLEY Drive 246 Sold | $1,226,738 | 2 | 3 | 1,781 | $689 | 0.0 mi |
B 5250 E DEER VALLEY Drive 137 Sold | $1,300,000 | 2 | 3 | 1,781 | $730 | 0.0 mi |
C 5250 E DEER VALLEY Drive 450 Sold | $1,350,000 | 2 | 3 | 2,014 | $670 | 0.0 mi |
D 5250 E DEER VALLEY Drive 135 Sold | $1,545,000 | 2 | 3 | 2,025 | $763 | 0.0 mi |
E 5250 E DEER VALLEY Drive 338 Sold | $1,279,602 | 2 | 3 | 1,781 | $718 | 0.0 mi |
F 5250 E DEER VALLEY Drive 260 Sold | $1,225,000 | 2 | 3 | 1,703 | $719 | 0.1 mi |
G 5250 E Deer Valley Dr -- 438 Active | $1,390,000 List Price | 2 | 3 | 1,781 | $780 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2024 new construction spec home featuring high-end modern luxury finishes. The property includes premium quartz countertops, designer herringbone tile backsplashes, wood flooring, and a floor-to-ceiling tile fireplace. The kitchen is equipped with professional-grade stainless steel appliances and custom cabinetry with integrated lighting. As a brand-new build, all mechanical systems, fixtures, and structural components are in pristine condition with no deferred maintenance.
As a 2024 new build, the unit features high-end designer upgrades including quartz countertops, wood flooring, motorized window coverings, and a floor-to-ceiling tile fireplace.
Being an end unit provides enhanced privacy and significantly more natural light, complemented by scenic golf course and mountain views.
The oversized patio includes a built-in gas BBQ, extending the living space outdoors and offering a rare feature for condominium living.
The association fee of $985 per month represents a significant recurring carrying cost that may impact the overall affordability for some buyers.
With a list price exceeding $1.4M for a two-bedroom configuration, the property faces stiff competition from larger residential options in the surrounding Phoenix market.
The Luxe at Desert Ridge'' NEW SPEC HOME'' PHOTOS OF PREVIOUS MODEL. NEW BUILD SPEC HOME, Elegant modern luxury living. Golf course views and future pool view. The Luxe offers resort-style living at its finest. Premium location, Open floor plan, end unit with lots of natural lighting, wood floors throughout main areas, Quartz countertops, designer backsplash, beautiful surround tile showers, designer tile fireplace from floor to ceiling with lighting, Beautiful white cabinets w/ lower and island lighting, motorized window coverings, surround tile oversized primary shower and vanity, laundry room w/built in cabinets & sink, oversized patio w/ built-in gas BBQ, underground gated parking w/ two stalls & large storage room, elevators from parking to all levels
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 86% |
| Square foot | 1,705 | 1,246 | 78% |
| Lot Size | 1,712 | 1,230 | 80% |
| Price | $1.45M | $385.0K | 96% |
| Price per sq ft | $853 | $352 | 98% |
| Built year | 2024 | 2008 | 90% |
| HOA | $985 | $279 | 94% |
| Days on market | 28 | 1653 | 2% |
Mar 25, 2026
$1,454,000
Initial Listing